🚀ETHEREUM- GPU mining alternatives!(RVN/USDT analysis)The #4 suggestion and alternative for Ethereum POW, for gpu miners , is RAVECOIN ,with an good potentialfor more growth ;
🔹Rank Rank #73,/ kind : coin POW \\ Market Cap:$578,683,244
Max Supply: 1,000,000,000/// Circulating Supply
: 10.47B RVN
50%====> good
🔰What is Ravencoin (RVN)?
Ravencoin is a digital peer-to-peer (P2P) network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code
📊Technical POV :
It seems that RVNUSDT has been fluctuating in a big descending channel , but since 13 Jun 22 ,it has started an impulsive wave , so if be able to take over current yellow (pivot) zone and breakout the higher trendline it will test the higher resistance zones , but otherwise may be rejected , and and can fall on the lower supports and continue its bearish movement in this bearish channel !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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RVNUSDT
RVNUSDT(Ravencoin) Daily tf Range Updated till 10-09-22RVNUSDT(Ravencoin) Daily timeframe range. A alt with optimal volume and retail interest. for its holders quality its less used by p and d groups. that brings some stability to its price action. its had many nice setups for scalps through out its levels. a reasonable price action always offers less risk.
RVN moved 20% up. What's next?Hello, dear TradingView members.
This is an RVN idea.
RVN touched the bottom of the channel and pumped 20% up.
After reaching the resistance price zone, it has been consolidating ever since above the channel. Will this become a breakout?
There are two resistance levels on the way up and also two support levels on the way down.
We have two possible scenarios in front of us.
Scenario One:
The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels.
Scenario Two:
The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel.
RSI is in the oversold area, so the price has room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Trading opportunity for RVNUSDT RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03616
🧯 Stop loss 0.03130
🏹 Target 1 0.04200
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
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RVN/USDT TRADE SETUP! READY FOR A 80% MOVE TO THE UPSIDE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this RVN/USDT trade setup.
RVN looks good here. Breaks out from the bull flag-like structure in a 4hr time frame. Expecting a 70-80% bullish rally from here. Buy some now and add more in the dip.
Entry range:- $0.038-$0.034
Target:- 70-80%
SL:- $0.036
Use low leverage (2x-4x)
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Trading opportunity for RVNUSDT - RavencoinBased on technical factors there is a Long position in :
📊 RVNUSDT Ravencoin
🔵 Long Now 0.03860
🧯 Stop loss 0.03580
🏹 Target 1 0.04220
🏹 Target 2 0.04800
🏹 Target 3 0.05600
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
RVN will drop soonHello traders! Welcome back to another episode with analyst Aadil1000x.
Today we are shorting the Raven coin. This bull run is aiming to touch the 0.02784 Reversal point. This reversal point will be the peak of this bull run.
This RVN 0.02784 True reversal point has 5 Star rating, which means this level has the strength to push the price towards the downside 4-5 times from this same level without breaking it. After 4-5 touches the strength will fade away.
Our entry is a little below the TR point.
RVNUSDT Sell limit 0.02771
Target 0.02446(+11.4%)
Stoplposs 0.0290(-4.66%)
Risk management tip,
Use 10% of account max with 10x leverage.
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Ravencoin (RVN) formed bullish Gartley for upto 2200% big moveHey dear friends, hope you are well, and welcome to the new update on Ravencoin (RVN).
On a monthly time frame, the price line of RVN has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Rvn broke down from descending triangleRVN broke down from 143 sats level which was its horizontal support and 0.786 fib level.
It has retested this level and is about to go down in the coming weeks.
This has massive potential after ETH 2.0 because miners will shift to rvn because eth will no longer remain mineable which will increase ravencoin's price.
Buyers can look to buy at the supports mentioned on the chart.
This is not a buying advice and please do your own research before buying anything.
RVNUSDT - RISK/REWARD 1:10 - HALVINGRavencoin, similarly to Bitcoin, is halving block reward every 2,100,000 blocks. Because one block is generated approximately every 1 minute, the halving happens approximately every 4 years. Ravencoin halvings will continue to happen every 2,100,000 blocks until the reward can no longer be halved.
The current Ravencoin block reward is 5,000 RVN. After the halving in January 2022, the block reward will be halved from 5,000 RVN to 2,500 RVN.
We might be able to get good entry below 0.10$ during January and position ourselves for the halving which will happen around 12 of January.
Reclaiming 50/200 DEMA will be seen as bullish movement, and closing daily candle above 0.125xx will show a trend reversal to the upside.
Posting this without entering the market, but will keep this updated once an entry has been made.